Delfin Midstream Signs Long-term LNG Supply Agreement with Gunvor

Source: www.gulfoilandgas.com 11/27/2023, Location: North America

Agreement is the latest in a series of long-term LNG supply and purchase agreements from the Delfin Deepwater Port LNG Export Facility

Delfin Midstream and Gunvor Group have announced that Gunvor Singapore has entered into long-term LNG Sale and Purchase Agreement ('SPA') with Delfin LNG, a subsidiary of Delfin.

Under the SPA, Delfin LNG will supply between 0.5 to 1.0 million tonnes of LNG per annum to Gunvor on a free-on-board ('FOB') basis at the Delfin Deepwater Port, located 40 nautical miles off the coast of Louisiana for a minimum duration of 15 years.

Kalpesh Patel, Co-Head of LNG Trading of Gunvor said:

'We continue to support US LNG projects and unlock new sources to meet the growing global LNG demand while further expanding our supply portfolio. We look forward to a successful, long-term relationship with the Delfin LNG team as their project continues to progress.'

Dudley Poston, CEO of Delfin said:

'We are very pleased to have entered into a major long-term LNG supply agreement with Gunvor. This latest sale and purchase agreement further demonstrates our attractiveness as a long-term source of scalable, reliable, and clean LNG.'

Delfin has successfully been developing the Delfin LNG Deepwater Port project, which can support four FLNG vessels with a combined export capacity of up to 13.3 million tons per annum ('MTPA'). The Company has secured commercial agreements for LNG sales and liquefaction services and is in the final phase towards FID on its first three FLNG vessels.


Israel >>  2/29/2024 -  Energean plc (LSE: ENOG) is pleased to announce the following:
- Karish North and second gas export riser online, enabling utilisation of the F...

Singapore >>  2/29/2024 - TotalEnergies has signed a sale and purchase agreement (SPA) with Sembcorp Fuels, a wholly owned subsidiary of Singapore-based Sembcorp Industries. Th...

Malaysia >>  2/28/2024 - PETRONAS, through Malaysia Petroleum Management (MPM) today signed Production Sharing Contracts (PSC) for two Discovered Resource Opportunities (DRO) ...
South Korea >>  2/28/2024 - Woodside has signed a sale and purchase agreement (SPA) with Korea Gas Corporation (KOGAS) for the long-term supply of liquefied natural gas (LNG) to ...

United States >>  2/23/2024 - Vitol Inc. (“Vitol”) announced the execution of a natural gas sale and purchase agreement (“SPA”) with EOG Resources, Inc. (“EOG”) (NYSE: EOG). Under ...
Russia >>  2/20/2024 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Mezentsev, State Secretary of the Union State of Rus...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.